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LUXURY BELLAGIO FOUNTAIN CLUB REVEALED FOR FORMULA 1 HEINEKEN SILVER LAS VEGAS GRAND PRIX 2023; PACKAGES NOW AVAILABLE

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MGM Resorts International has announced the launch of its luxury Bellagio Fountain Club, offering exclusive access during the FORMULA 1 HEINEKEN SILVER LAS VEGAS GRAND PRIX, from November 16-18, 2023. The experience includes premium viewing of the race, unlimited food and beverages by renowned chefs like Mario Carbone and David Chang, and unique amenities such as F1 racing simulators and a private indoor hospitality deck. Ticket packages include accommodations at MGM properties, though adjacent Bellagio Grandstands are sold out.

High demand for the event suggests a lucrative opportunity for MGM, aligning with its vision to become a premier destination for F1 fans.

Positive
  • Launch of luxury Bellagio Fountain Club enhances MGM's premium offerings.
  • High demand with Bellagio Grandstands sold out suggests strong interest.
  • Opportunity to engage high-net-worth customers at a prestigious event.
Negative
  • Potential risks related to COVID-19 affecting attendance.
  • Dependence on celebrity chef availability may impact experience.

Mario Carbone, David Chang, Michael Mina, Masaharu Morimoto, Bryan & Michael Voltaggio and Jean-Georges Vongerichten to Deliver All-Star Culinary Experience for Club Guests

Bellagio Grandstands Packages Sold Out

LAS VEGAS, Feb. 28, 2023 /PRNewswire/ -- Tickets are now on sale for MGM Resorts International's luxury Bellagio Fountain Club, the Company's premier viewing experience for the FORMULA 1 HEINEKEN SILVER LAS VEGAS GRAND PRIX, November 16-18, 2023. Perched above the Las Vegas Strip Circuit™, the exclusive Bellagio Fountain Club will provide unrivaled track and fountain views; meet and greets with F1 ambassadors; unlimited food & beverage by celebrated chefs, master mixologists and sommeliers; and access to the Club's private indoor and rooftop hospitality decks.

An all-star lineup of legendary chefs from MGM Resorts' portfolio, including Mario Carbone, David Chang, Michael Mina, Masaharu Morimoto, Bryan & Michael Voltaggio and Jean-Georges Vongerichten will be on hand to prepare culinary delights for Club guests. A dedicated team of award-winning mixologists and sommeliers will curate an open bar of signature cocktails and specialty wines throughout the race. Chefs will rotate throughout the three days, introducing new menus daily that progress throughout the night. The Bellagio Fountain Club will open nightly beginning at 6 p.m. November 16-18.

The Club will offer unequaled proximity to the racetrack from an elevated, centralized location on Bellagio's signature lake. From the Club's rooftop hospitality deck, guests will have incredible views of Bellagio's iconic Fountains juxtaposed with the electricity of F1® cars zooming up Las Vegas Boulevard. Those seeking excitement behind the wheel will enjoy the thrill of the ride in the Club's F1 racing simulators. Club guests also will receive transportation from Bellagio to the Paddock, where they will have select access to a Paddock and Pit Lane Tour and witness teams preparing for the race.

"The Bellagio Fountain Club will marry the epic F1 experience with MGM Resorts' unbelievable talents and iconic destinations, ultimately creating an exclusive and legendary race day experience right atop the resort's Fountains," said Steve Zanella, MGM Resorts' Chief Commercial Officer. "This is just the beginning for F1 fans coming to Vegas. No one throws a party like our city, and we're primed to make the Formula 1 Las Vegas Grand Prix the world's most sought-after race experience. We will have more news to share for 2023 and are incredibly excited to build upon this year's race for years to come."

Bellagio Fountain Club packages include three-day event tickets and accommodations within MGM Resorts' premier portfolio of rooms and suites, which are walking distance from the circuit. Guests can book Club packages only by calling MGM Resorts' Luxury Travel Services team at 1.866.931.7117.

While packages for the adjacent Bellagio Grandstands are sold out, MGM Resorts' ticket and room packages including East Harmon Zone Grandstand seats are available online at mgmrewards.com/F1LVGP. The East Harmon Zone Grandstands are located near the Paddock and will serve as a central point of the Las Vegas Strip Circuit,™ treating fans to the spectacle of the start and finish line, plus behind-the-scenes views of the pit lane and team garages.

Zanella said, "Demand for the Bellagio Grandstands was spectacular and those packages sold out quickly. Guests still have the opportunity to enjoy the race from the exclusive Bellagio Fountain Club, which we believe provides one of the best viewing settings in all of sports, coupled with an overall experience to match."

Additional details on MGM Resorts' events surrounding the FORMULA 1 HEINEKEN SILVER LAS VEGAS GRAND PRIX 2023 will be announced over the coming months. Follow @MGMResortsIntl for updates throughout the year.

About MGM Resorts
MGM Resorts International (NYSE: MGM) is an S&P 500® global gaming and entertainment company with national and international locations featuring best-in-class hotels and casinos, state-of-the-art meetings and conference spaces, incredible live and theatrical entertainment experiences, and an extensive array of restaurant, nightlife and retail offerings. MGM Resorts creates immersive, iconic experiences through its suite of Las Vegas-inspired brands. The MGM Resorts portfolio encompasses 31 unique hotel and gaming destinations globally, including some of the most recognizable resort brands in the industry. The Company's 50/50 venture, BetMGM, LLC, offers U.S. sports betting and online gaming through market-leading brands, including BetMGM and partypoker, and the Company's subsidiary, LeoVegas AB, offers sports betting and online gaming through market-leading brands in several jurisdictions throughout Europe. The Company is currently pursuing targeted expansion in Asia through the integrated resort opportunity in Japan. Through its "Focused on What Matters: Embracing Humanity and Protecting the Planet" philosophy, MGM Resorts commits to creating a more sustainable future, while striving to make a bigger difference in the lives of its employees, guests, and in the communities where it operates. The global employees of MGM Resorts are proud of their company for being recognized as one of FORTUNE® Magazine's World's Most Admired Companies®. For more information, please visit us at www.mgmresorts.com. Please also connect with us @MGMResortsIntl on Twitter as well as Facebook and Instagram.

About FORMULA 1 HEINEKEN SILVER LAS VEGAS GRAND PRIX
Formula 1® and Liberty Media are working together to promote the FORMULA 1 HEINEKEN SILVER LAS VEGAS GRAND PRIX in partnership with the Las Vegas Convention and Visitors Authority. The inaugural race weekend is set to take place November 16-18, 2023. Taking place at night against the iconic Las Vegas backdrop, the track will see drivers reach jaw-dropping speeds of over 210 mph (340 kph) as they race around some of the world's most iconic landmarks, resorts and casinos on the legendary Las Vegas Strip. For more information, visit www.f1lasvegasgp.com.

The F1 FORMULA 1 logo, F1 logo, FORMULA 1, FORMULA ONE, F1, FIA
FORMULA ONE WORLD CHAMPIONSHIP, GRAND PRIX, PADDOCK CLUB. FORMULA 1 LAS VEGAS GRAND PRIX and related marks are trademarks of Formula One Licensing BV, an F1 Company. Licensed by Formula One World Championship Limited, a F1 Company. All rights reserved.

Forward-Looking Statements
Statements in this release that are not historical facts are forward-looking statements, within the meaning of the Private Securities Litigation Reform Act of 1995, as amended, and involve risks and/or uncertainties, including those described in MGM Resorts' public filings with the Securities and Exchange Commission. Forward-looking statements can be identified by the use of forward-looking terminology such as "believes," "expects," "could," "may," "will," "should," "seeks," "likely," "intends," "plans," "pro forma," "projects," "estimates" or "anticipates" or the negative of these words and phrases or similar words or phrases that are predictions of or indicate future events or trends and that do not relate solely to historical matters. MGM Resorts has based forward-looking statements on management's current expectations and assumptions and not on historical facts. Examples of these statements include, but are not limited to, MGM Resorts' expectations regarding providing specific customer packages, fan experiences and/or viewing opportunities in connection with the FORMULA ONE HEINEKEN SILVER LAS VEGAS GRAND PRIX 2023. These forward-looking statements involve a number of risks and uncertainties. Among the important factors that could cause actual results to differ materially from those indicated in such forward-looking statements include risks that the FORMULA ONE HEINEKEN SILVER LAS VEGAS GRAND PRIX 2023 does not occur or does not occur in the manner described herein; any other event or factor which may prevent or inhibit MGM Resorts' ability to provide the customer packages, fan experiences, and/or viewing opportunities described herein including, but not limited to, the availability of the chefs, mixologists and sommeliers named herein; the continued impact of the COVID-19 pandemic on MGM Resorts' business; the effects of economic conditions and market conditions in the markets in which MGM Resorts operates and competition with other destination travel locations throughout the United States and the world; and additional risks and uncertainties described in MGM Resorts' Form 10-K, Form 10-Q and Form 8-K reports (including all amendments to those reports). In providing forward-looking statements, MGM Resorts is not undertaking any duty or obligation to update these statements publicly as a result of new information, future events or otherwise, except as required by law. If MGM Resorts updates one or more forward-looking statements, no inference should be drawn that it will make additional updates with respect to those other forward-looking statements.

Media Contacts:
Natalie Mounier/Robert Flicker
Kirvin Doak Communications
mgm@kirvindoak.com

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SOURCE MGM Resorts International

FAQ

What is the Bellagio Fountain Club?

The Bellagio Fountain Club is an exclusive hospitality venue created by MGM Resorts for the Formula 1 Heineken Silver Las Vegas Grand Prix, offering premium viewing, gourmet dining, and unique experiences.

When is the Formula 1 Las Vegas Grand Prix?

The Formula 1 Las Vegas Grand Prix will take place from November 16-18, 2023.

Who are the chefs involved in the Bellagio Fountain Club?

Renowned chefs include Mario Carbone, David Chang, Michael Mina, Masaharu Morimoto, and Jean-Georges Vongerichten.

Are tickets still available for the Bellagio Fountain Club?

Yes, tickets for the Bellagio Fountain Club are available, but adjacent Bellagio Grandstands are sold out.

What amenities are included in the Bellagio Fountain Club package?

The package includes food and beverages from top chefs, F1 racing simulators, and access to private hospitality decks.

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